Mine Protected Vehicle Market 2027 By Platform, End User and Geography | The Insight Partners

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Mine Protected Vehicle Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles); End User (Homeland Security, Defense) and Geography

Report Code: TIPRE00022715 | No. of Pages: 150 | Category: Aerospace and Defense | Status: Upcoming


The mine-protected vehicles is used to provide ballistic and mine protection for armed forces working in threat environment. These vehicles has the capabilities to overcome threats from both external sources and internal damages. Military modernization initiatives in several developing countries is one of the major factor boosting the demand of mine-protected vehicles in defense segment.


The "Global Mine Protected Vehicle Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the mine protected vehicle market with detailed market segmentation by platform, end user and geography. The report provides key statistics on the market status of the leading mine protected vehicle market players and offers key trends and opportunities in the market.


  •   Based on platform, the global mine protected vehicle market is segmented into combat vehicles, combat support vehicles, unmanned armored ground vehicles
  •   On the basis of end user, the market is segmented into homeland security, defense


  •   The increase in research & development activities is further boosting the demand of mine-protected vehicles in the years to come.
  •   The mine-protected vehicles procurement in the commercial and defense segments have increased considerably over the past few years, mainly driven by the high number of wars against terrorist outfits, globally
  •   High production cost of the vehicle may hamper the growth of the market


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The mine protected vehicle market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the mine protected vehicle market in these regions.


COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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The report covers key developments in the mine protected vehicle market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from mine protected vehicle market are anticipated to lucrative growth opportunities in the future with the rising demand for mine protected vehicle in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mine protected vehicle market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Mahindra Emirates Vehicle Armoring Fz LLC
  •   Tata Motors
  •   BAE Systems.
  •   General Dynamics Corporation
  •   Thales Group
  •   Lockheed Martin Corporation
  •   Elbit Systems Ltd.
  •   Textron Inc
  •   International Armored Group
  •   Krauss-Maffei Wegmann GmbH and Co. KG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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The List of Companies

1. Mahindra Emirates Vehicle Armoring Fz LLC
2. Tata Motors
3. BAE Systems.
4. General Dynamics Corporation
5. Thales Group
6. Lockheed Martin Corporation
7. Elbit Systems Ltd.
8. Textron Inc
9. International Armored Group
10. Krauss-Maffei Wegmann GmbH and Co. KG
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